The European Central Bank is cutting its key interest rate, a step to boost an economy that’s struggling to grow as consumers ...

Europe’s economy stagnated at the end of last year as its former growth engine, Germany, finished a second straight year of ...

In particular, the decision to lower the deposit facility rate – the rate through which the Governing Council steers the ...

Investors maintained bets for further easing, pricing an additional 70 basis points of cuts during the rest of 2025, which would lower rates to near 2 per cent.

Euro zone banks need a digital euro to respond to U.S. President Donald Trump's push to promote stablecoins, a type of ...

ECB officials reduced the deposit rate by a quarter-point to 2.75%. They continued to describe their current monetary-policy stance as ‘restrictive’, signaling more loosening is in the pipeline, while ...

At its last meeting in December, the ECB trimmed its eurozone growth forecast for 2024 to just 0.7 percent, and also cut its ...

Germany’s largest lender Deutsche Bank on Thursday reported weaker-than-expected profit that fell sharply on the quarter in ...

European Central Bank cuts benchmark interest rate by a quarter percentage point to ...

FRANKFURT, Germany (AP) — European Central Bank cuts benchmark interest rate by a quarter percentage point to boost stagnating economy.

The European Central Bank is widely expected to cut interest rates for the fifth time since it began easing monetary policy.